Form 4: ARCH Capital Director Gifts Shares via Trusts

ARCH Capital Group Director John D Vollaro reported gifting 2,192 common shares through various trusts under a 10b5-1 plan.

Summary

• Director John D Vollaro of ARCH Capital Group Ltd. (ACGL) reported changes in his beneficial ownership of common shares.
• On October 30, 2025, Mr. Vollaro gifted a total of 2,192 common shares of ACGL, executed through three separate dispositions of 877, 877, and 438 shares.
• All reported dispositions were at a price of $0, indicating these were gifts.
• These shares were held indirectly through a revocable trust (Trust 1) for which Mr. Vollaro and his spouse serve as trustees.
• The transactions were made pursuant to a Rule 10b5-1(c) contract, instruction, or written plan.
• Following these transactions, Mr. Vollaro beneficially owns a total of 408,807 common shares indirectly.
• This total includes 192,807 shares held by Trust 1, 163,000 shares by Trust 2 (an irrevocable trust where his spouse is a co-trustee), and 53,000 shares by Trust 3 (an irrevocable trust where Mr. Vollaro is a co-trustee).

Sentiment

Score: 5

Explanation: A routine insider transaction (gift of shares) with no direct positive or negative implications for the company's operational performance or financial health. The use of a 10b5-1 plan is a minor positive for corporate governance.

Positives

• The transaction was conducted under a Rule 10b5-1 plan, which is a corporate governance best practice for insiders to avoid accusations of trading on material non-public information.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This is a routine insider transaction filing (Form 4) common across all publicly traded companies, reporting changes in beneficial ownership by a director. It does not provide specific industry-related insights beyond the standard disclosure of insider share movements.

Corporate Governance

Related Party Transactions

• The common shares are held indirectly through various trusts where the reporting person and/or his spouse serve as trustees or co-trustees. Specifically, Trust (1) is a revocable trust where the reporting person and spouse are trustees, Trust (2) is an irrevocable trust where the spouse is a co-trustee, and Trust (3) is an irrevocable trust where the reporting person is a co-trustee.

Stakeholder Impact

• Shareholders may note the director's personal financial planning and the structure of his beneficial ownership, but the transaction itself is unlikely to have a material impact on the company's operations or share price.

Key Dates

Recommendation

This Form 4 reports a routine insider transaction where a director gifted shares. It does not provide information on the company's financial performance, strategic direction, or operational health that would warrant a change in investment recommendation. The transaction is a personal financial decision and is not considered price-sensitive.

Keywords

ARCH Capital Group, ACGL, Form 4, Insider Transaction, Director Shareholding, Stock Gift, Beneficial Ownership, John D Vollaro, 10b5-1 plan